$9,100,000 Price Analysis   ♡   Lomita, CA 90717 46 bed 46 bath 23,312 SqFt ($390/SqFt) 0.95 acre lot. Built 1964 Listed 2024-02-05, Taxes $49,629 | Ⓧ USDA Ineligible due to price & location near Lomita |
25907 Oak Street is a 23-unit multifamily investment property located in Lomita
CA. 25907 Oak Street consists exclusively of two-bedroom townhomes and offers desirable amenities including garage and surface parking, on-site laundry, private patios and gated access. Additionally, the property presents an opportunity to add one accessory dwelling unit (ADU) to further increase rental income. 25907 Oak Street s within 1 mile of Rolling Hills Plaza, providing residents with convenient access to a plethora of retail, dining and entertainment options.
Additionally, the property is over 1 mile from Ken Malloy Harbor Regional Park, one of the largest parks in all of Los Angeles County, which gives residents the opportunity to enjoy numerous outdoor activities. 25907 Oak Street benefits from its location 1.80 miles away from Los Angeles Harbor College, a major economic and housing driver for the area. Furthermore, Pacific Coast Highway and Western Avenues close proximity to the property allow residents easy access to employment hubs throughout the South Bay.
Presented by Tyler Leeson at
Marcus & Millichap Re Invest.
Property MLS #OC24025757 from CRMLS
Garage Spaces: 26
Parking Total: 38
Lot Size Acres: 0.95
Lot Size Source: Assessor
Lot Size Square Feet: 41382
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2
Unit-1 Garage Spaces: 26
Maintenance Expense: 16100.00
County: Los Angeles
Cap Rate: 4.81
Other Expense: 53689.00
Source Property Type: Residential Income
Insurance Expense: 16100.00
Area: 121 - Lomita
Source Neighborhood: 121 - Lomita
New Taxes Expense: 108103.00
Number of Separate Electric Meters: 23
Number of Separate Gas Meters: 23
Number of Separate Water Meters: 1
Parcel Number: 7553006022
Postal Code Plus 4: 3160
Professional Management Expense: 23192.00
Trash Expense: 5943.00
Zoning: LORVD1500
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,828,967 + $1,845,918 $3,674,885 | $49,629 |
| 2021 | $1,793,105 + $1,809,724 $3,602,829 | $49,098 |
| 2020 | $1,774,719 + $1,791,168 $3,565,887 | $49,465 |
| 2019 | $1,739,921 + $1,756,048 $3,495,969 | $47,619 |
| 2018 | $1,705,805 + $1,721,616 $3,427,421 | $46,539 |
| 2017 | $1,672,358 + $1,687,859 $3,360,217 | $45,592 |
| 2016 | $1,639,567 + $1,654,764 $3,294,331 | $44,365 |
| 2015 | $1,614,940 + $1,629,908 $3,244,848 | $43,667 |
| 2014 | $1,583,306 + $1,597,981 $3,181,287 | $43,725 |
| 2013 | $1,576,151 + $1,590,759 $3,166,910 | $43,522 |
| 2012 | $1,545,247 + $1,559,568 $3,104,815 | $43,957 |
| 2010 | $1,514,949 + $1,528,989 $3,043,938 | $42,563 |
| 2009 | $1,507,200 + $1,521,168 $3,028,368 | $40,849 |
| 2009 | $1,503,627 + $1,517,562 $3,021,189 | $40,849 |
| 2008 | $1,477,648 + $1,491,342 $2,968,990 | $39,153 |
| 2007 | $1,448,675 + $1,462,100 $2,910,775 | $37,666 |
$9,100,000
CRMLS
Listing removed 2023-10-02
$0
CRMLS
Price Changed 2023-06-07
$9,500,000
CRMLS
Price Changed 2023-03-24
$10,000,000
CRMLS
Listed 2022-11-04
$10,750,000
CRMLS
Sold 2022-07-06
$8,400,000
Public Record
Listing removed 2022-06-27
$0
AppfolioUnits
Listed for rent 2022-06-19
$2,795
AppfolioUnits
Sold 2001-05-15
$2,600,020
Public Record
Sold 1979-06-27
$329,500
Public Record
Year Built: 1964
Building Features: 8
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First Level
Property Age: 60
Levels or Stories: One
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 5944.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.